***Official*** Pakistan in New Zealand - T20/ODI series - Jan 2016

[Zinzan]

3 T20s & 3 ODIs


Fri Jan 15 (20 ovs) 19:00 local (06:00 GMT)
1st T20I - New Zealand v Pakistan Eden Park, Auckland LIVE D/N

Sun Jan 17 (20 ovs) 19:00 local (06:00 GMT)
2nd T20I - New Zealand v Pakistan Seddon Park, Hamilton LIVE D/N

Fri Jan 22 (20 ovs) 19:00 local (06:00 GMT)
3rd T20I - New Zealand v Pakistan Westpac Stadium, Wellington LIVE D/N

Mon Jan 25 (50 ovs) 11:00 local (22:00 GMT -1d)
1st ODI - New Zealand v Pakistan Basin Reserve, Wellington LIVE

Thu Jan 28 (50 ovs) 14:00 local (01:00 GMT)
2nd ODI - New Zealand v Pakistan McLean Park, Napier LIVE D/N

Sun Jan 31 (50 ovs) 11:00 local (22:00 GMT -1d)
3rd ODI - New Zealand v Pakistan Eden Park, Auckland LIVE

 

[Zinzan]

NZ TAB odds as at today;

T20 series (only at this stage)

New Zealand $1.40
Pakistan $2.80

 

[smash84]

NZ TAB odds as at today;

T20 series (only at this stage)

New Zealand $1.40
Pakistan $2.80

This might seem very obvious but can you explain what these numbers mean? Does it mean that if you bet a dollar on NZ winning you get 1.40 dollars?

 

[Zinzan]

You place $1 on NZ and you get $1.40 back... effectively 40 cents profit.

 

[Kippax]

My Anwar Ali 100/1 bet is back. (Y)

 

[Zinzan]

FFS bet365 is more generous than the TAB, both $1.40 on NZ yet bet365 $3 (vs $2.80) on Pakistan

 

[smash84]

You place $1 on NZ and you get $1.40 back... effectively 40 cents profit.

So if somebody places a bet on both NZ and Pakistan then they can't lose money?

 

[Kippax]

FFS bet365 is more generous than the TAB, both $1.40 on NZ yet bet365 $3 (vs $2.80) on Pakistan

They happily take NZD too without any conversion, Bet365. The only real reason to keep a NZ TAB account is for domestic stuff, or to get a small percentage of each bet donated to NZC.

 

[Zinzan]

I knew the TAB always had slimmer NZ winning odds based on emotional bets by their local punters, but didn't know they were overall more stingy than bet 365. Amazing what a bit of competition does huh.

 

[Howe_zat]

So if somebody places a bet on both NZ and Pakistan then they can't lose money?

No, that'd be if both were 2.00 or above, because you need at least 2.00 on the bet that wins to get your money back that you lost on the other bet.

If I bet £1 on NZ at 1.40 and Pakistan at 2.80, and Pakistan win, then I get back £2.80 from the Pakistan bet but I spent £2 which gives me 80p profit. If NZ win then I get £1.40 but I lose money because I spent £2.

 

[Athlai]

No, that'd be if both were 2.00 or above, because you need at least 2.00 on the bet that wins to get your money back that you lost on the other bet.

If I bet £1 on NZ at 1.40 and Pakistan at 2.80, and Pakistan win, then I get back £2.80 from the Pakistan bet but I spent £2 which gives me 80p profit. If NZ win then I get £1.40 but I lose money because I spent £2.

So you're saying I can't lose?

 

[Kippax]

Nah there's no way to weight your two bets so it works, even on my one of $3.00 and $1.40.

 

[Smudge]

I knew the TAB always had slimmer NZ winning odds based on emotional bets by their local punters, but didn't know they were overall more stingy than bet 365. Amazing what a bit of competition does huh.

TAB has slimmer odds because, as mentioned, some money does get returned to community organisations.

 

[Athlai]

Nah there's no way to weight your two bets so it works, even on my one of $3.00 and $1.40.

Loud and clear. Can't. Lose.

 

[kiwiviktor81]

Nah there's no way to weight your two bets so it works, even on my one of $3.00 and $1.40.

Not technically true - you can bet on one team at $3 then wait for the market to shift and then get, say, $1.55 on the other team. Then if you bet right you can't lose.

 

[Zinzan]

TAB has slimmer odds because, as mentioned, some money does get returned to community organisations.

Fair enough. Can I send you details of my community?

 

[Smudge]

Fair enough. Can I send you details of my community?

Not sure why you would send them to me. I don't work for the TAB.

Used to, mind.

 

[smash84]

No, that'd be if both were 2.00 or above, because you need at least 2.00 on the bet that wins to get your money back that you lost on the other bet.

If I bet £1 on NZ at 1.40 and Pakistan at 2.80, and Pakistan win, then I get back £2.80 from the Pakistan bet but I spent £2 which gives me 80p profit. If NZ win then I get £1.40 but I lose money because I spent £2.

So you're saying I can't lose?

sorry howe, I still don't understand. As Athlai says are you saying i can't lose? I mean if you are putting $1 on Pak and $1 on NZ and Pak win then you essentially gain 80 cents [2.80 -1(money on nz) -1(money on pak)]? Correct? So you don't lose, right?

 

[Kippax]

Yeah but it's almost twice the probability you lose the 60 cents, due to a NZ win.

 

[smash84]

Yeah but it's almost twice the probability you lose the 60 cents, due to a NZ win.

oh, thanks for clearing that out.